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Search Results 0 to 18 of about 19 (some duplicates have been removed)
Nov 21, 2012 7:00am EST
to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
Nov 20, 2012 4:30pm PST
can do if the u.s. heads into recession because of the fiscal cliff, bernanke says, not much. >> in the worse case scenario, where the economy goes off the broad fiscal cliff, the largest fiscal cliff, which, according the c.b.o. and our analys, would send the u.s. economy into recession, i don't think the fed has the tools to offset that. >> susie: members of the audience agreed. >> he was very frank in saying, you know, "we can try," he essentially said, "we will try, but we don't have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question
Nov 20, 2012 11:00pm PST
in israel and gaza. the conflict in its seventh day. u.s. secretary of state hillary clinton in jerusalem tonight. she arrived late and went straight to a meeting with prime minister benjamin netanyahu. >> america's commitment to israel's security is rock-solid, and unwavering. that is why we believe it is essential to deescalate the situation in gaza. >> deescalate the situation in gaza. what does deescalate mean? there was a spade of rockets just a moment ago, but yet that's the key word being used by the administration. during a brief press conference with prime minister netanyahu, there was no mention of a cease-fire. netanyahu said israel is prepared to take whatever action is necessary to defend itself. and egypt, which is brokering a deal between the two sides, cancelled a press conference where officials were expected to announce a deal with terms for a cease-fire. tomorrow, secretary clinton meets with the palestinian president, mahmoud abbas and then will fly to egypt to speak with president mohamed morsi. that is going to be a very interesting conversation, because, of course,
Nov 21, 2012 4:00am EST
them. i'm afraid the details haven't been shared with us. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. w
Nov 20, 2012 8:00pm EST
of facebook. >> the average new facebook user is in india or indonesia or brazil right now. they're using a mobile phone primarily to access facebook because they have not had access to a broad band connection. in a lot of cases there is not an infrastructure media of communications you have in the u.s. and lot of americans will leave me and say facebook is great for gossiping and to see what my friends are in for lunch, but if you were to talk to somebody in the middle east, maybe, you would hear a different story -- facebook was providing access to news, people that had unique access to information that they were not able to get out otherwise. you get a much more meaty story about what facebook means to them. >> facebook engineer chris cox with an insider's view of the company -- thanksgiving day on c-span. at 2:00 -- 2:00, chief justice john roberts. later, space pioneers and nash at -- nasa officials pay amash to the first man to walk on the moon, neil armstrong. >> federer reserve chairman ben bernanke is in washington to negotiate a deal to avoid the so-called fiscal clef. well spea
Nov 21, 2012 6:00am EST
markets closing at 1:00 p.m. eastern on friday. take a look at the u.s. equity futures. the dow is down by about 3 points. the s&p 500 is off by four. the nasdaq down by about 12. because of tomorrow's holiday, you do have the labor department coming out, releasing its weekly jobless claims numbers today. we get them a day early instead of a day late. also today we'll be getting weekly mortgage rates. and freddie mac will report on the weekly mortgage rate averages as well. >> let's talk about the top global market story this morning. it is greece's international lenders, which did not reach a deal, and now they won't be releasing that next bailout payment. nearly 12 hours of talks failed to reach a consensus. the imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. hostess brands will proceed with a plan to go out of business. the maker of twinkies says last-minute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11:00 eastern time. then we have another string of bad news. >
Nov 21, 2012 3:00am PST
." aren't you all excited about thanksgiving? >> yesp. >> with us on set we have msnbc and "time" magazine senior political analyst mark halperin and the -- >> what is that? >> what are you doing? >> i'm trying to use all the things available to me from starbucks. >> i wish you wouldn't. >> yeah. >> making stadium seating. >> we have the chairman of deutsch incorporated donnie deutsch. >> i love when i'm the grownup on the set. >> i broke my glass of wine. >> you did not look comfortable around the kitchen. >> i'm great in the kitchen. >> i'm guessing -- >> what? >> that was never your strong suit, just a guess. >> telling her two chefs what she wants and how she wants it done. >> when thomas roberts sees what you've done over there, he's going to be angry. >> why? >> you made a mess of the studio. >> there's wine all over the floor. >> can we get a shot of this wine. >> lewis was running off and you -- >> i needed him to leave. >> looked like a proct tolgs gone back. >> oh, well. >> you have to love "the new york post". >> a horrible picture of hamas dragging people through the street, ki
Nov 21, 2012 6:00am PST
meetings in israel and the west bank. for the latest nbc's stephanie gosk joins us and ayman mohyeldin. a report of a tel aviv bus explosion. is there any indication that the israelis now are looking at possibly having a short-term truce or want to hold out long er for a longer deal? >> reporter: well, we don't have a truce. there's a lot of talk yesterday that there would be one, and then this morning, today around lunch time this bus attack. and what we know about it so far is that they're saying it's a terrorist attack, it's not a suicide attack. we were down there earlier today and the security officials were very nervous. they were pushing us back. they thought maybe there were more explosives on the bus. it turned out there weren't. this tactic will be very familiar to people in this city and around israel. it was used about a decade ago frequently all over the kcountr during the second intefadeh but they haven't had an attack like this in israel since 2004 and there hasn't been a terrorist attack on the ground here in tel aviv since 2006. all of this happens amongst all the feve
Nov 21, 2012 7:00am PST
last night. ktvu's alex savidge joins us live to explain what caused the victim to go out in the dark. >> reporter: good morning. this man's body was recovered. it's believed he drowned. firefighters say he went out in the rain last night trying to find his lost cat and he ended up falling off this sleep cliff behind his house and he landed in the water. this is a water-filled rock quarry right below his home here. this is next to the rockridge shopping center. the oakland fire department launched a search around 7:00 last night after the man's friend reported him missing. rescuers used a boat. one rescue worker rappelled down the cliff. just before 1:00 this morning, they found the man's body about 30 feet under water. one of the drivers involved in this recovery operation explain how they locate a body in dark, murky water like this. >> we use a circle search where we set an anchor at the bottom and a buoy at the top. we have drivers stationed on the bottom and another diver that circles that anchor searching for our target. >> reporter: so far, authorities are not releasing the ide
Nov 21, 2012 9:00am PST
active vist role in the region's affairs and offered clues to how he may use the political elbow room afforded by a second term. beyond a cease-fire agreement, the president could try to throw his political clout behind a larger, long-term solution here. so far, no deal has materialized between israel and gaza. also, a bus bombing in tel aviv could push both sides further apart. 19 people were injured, three critically, in what was the first terror attack in israel in four years. police say, however, the incident was not a suicide bombing. joining me now, former assistant secretary of state, p.j. crowley and from tel aviv, nbc news correspondent stephanie gosk. thank you, both. stephanie, i want to start with you, is the attack we were just discussing in tel aviv an indication that cease-fire talks are not actually on track? >> no, that's not the case, ari. they aren't necessarily connected. at the very least they're are probably -- it's probably complicating the conversations, but right now, the talks keep going on, the negotiations keep going on. israeli officials saying they still
FOX Business
Nov 20, 2012 7:00pm EST
between israel and hamas, more than likely looking to preserve billions of dollars in u.s. aid to is nation. president obama has requested more than one half million in congress. tonight we will examine the parameters of any so-called israeli gaza peace deal and the real possibility that such a deal has in essence been stuck as -- struck already. been kept officially on hold until the obama administration could take some of the credit. some of the brightest minds in the business. john bolton, fox middle east affairs analyst. in other major developments tonight, the world's most important banker doing well street investors no favors real acquainting them instead with the scary parts of the fiscal cliff story. the federal reserve chairman spooking investors saying that the bank would not have infinite ability to address the fallout from the failure to avoid going over the so-called fiscal cliff. the dow jones industrial today losing seven points, s&p, nasdaq up fractionally. president obama returned to the white house after a three day trip to -- through southeast asia with stops
FOX Business
Nov 20, 2012 9:00pm EST
. tomorrow toys 'r' us ceo is nexthe program. to him. fox business. gerri: hello, everybody, i am gerri willis. corruption, criminal charges and hundreds of thousands of dollars in ill-gotten gains. not talking about the underworld of mob bosse i'm talking about wall street. the biggest insider trading case ever. coming out just as individual investors across the country getting more and more comfortable investing in the stock market again. a former hedge fund manager making over a quarter billion dollars. the former chairman of the sec, harvey pitt and doug burns. welcome to you both. i want to go over a couple of facts in the case as we know it right now, which is not everything, not by a longshot, but here's what we know. a hedge fund manager receives insider information, secret trials. an alzheimer's drug. he finds out the results before anybody else and trades on it. he sells his stakes in a couple of drug companies and assures them. you have said both wall street has developed a reputation of not caring, which individuals ke of this story? >> theefact is terrible economic conditio
Nov 21, 2012 4:00am PST
alternatives joins us now. those reports larry of cease-fire coming out of israel really rocked the oil market yesterday. what do you anticipate for today? > > i anticipate the trend to continue. keep in mind, before we had this cease-fire, a month ago, there was a big downward trend in the oil price. so i just expect that momentum to continue. refinery margins are really high, there is a lot of supply. i expect oil to continue to lower in price. > > what about greece? will we be able to get any closure there with the bailout money? > > i think the only way we are going to get closure is when people are willing to forgive and write down their debt, because that is the only way it's going to work. right now they are 180% debt-to-gdp. they need to get it down to 120%. it's just not going to happen. they don't have the money to be able to do this. they are going to have to forgive debt and take a haircut. > > month after month, traders are watching better-than- expected news come in from the housing sector. can we call the housing crisis done? > > i think we can. i think we have fallen down a sev
FOX Business
Nov 20, 2012 10:00pm EST
giving us his assessment here next. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i wasaving big on car insurance. with snapshot, i knew what i could save before switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit today. ♪ lou: in tonight's "moneyline" housing starts of stronger than expected. good new quickly vercome by commen
Search Results 0 to 18 of about 19 (some duplicates have been removed)